Thermax in pact with Germany's Lambion for energy-from-waste technology

Pune-based energy and environment solutions provider Thermax Ltd has signed a technology transfer agreement with Lambion Energy Solutions, a German engineering company with expertise in converting waste to energy.

The technology transfer will provide Thermax with high efficiency combustion systems for using biomass, high in moisture content, for energy generation, the company informed the Bombay Stock Exchange (BSE).

Hemant Mohgaonkar, executive vice president of Thermax and Axel Lambion, managing director of Lambion, signed the agreement, Thermax said in a release.

Thermax will integrate the new technology in its boilers and heaters with heat output ranging from 4 MW to 30 MW, t\it said. Under the licensing agreement, valid for a period of five years, a dedicated team from Thermax will work with Lambion to absorb and deploy this technology.

Thermax will have an exclusive licence to market heating systems, equipped with the new technology in India and the SAARC countries, South East Asia, Middle East and Africa.

Thermax is already in the business of supplying biomass based equipment for energy generation. It offers a range of technologies, such as fluidised bed combustion and traveling grate for extracting energy from a wide variety of biomass.